A giant whale deposited 49858 SOLs into Kraken in the early morning, resulting in a loss of 3.11 million US dollars

According to Lookonchain monitoring, a giant whale deposited 49858 SOLs (approximately $8.46 million) into Kraken 7 hours ago, resulting in a loss of $3.11 million. Six months ago, the giant whale extracted 48185 SOLs (approximately $11.58 million) from Kraken at a unit price of $240 and pledged them. During this period, 1673 SOLs (approximately $286000) were pledged as proceeds, but ultimately lost $3.11 million due to a drop in coin prices.